Caribbean Airlines plans to cut around a quarter of its staff, or 450 employees, as part of a restructuring of the carrier.
The airline, headquartered in Trinidad & Tobago capital Port of Spain, also said it would put a number of aircraft into storage.
Caribbean Airlines said the restructuring strategy comes in the wake of the devastating Covid-19 crisis.
“We will need to adjust operations to cater for a reduced scale of demand after the opening of the borders,” explained a statement.
”Put simply, passenger demand in the short- to medium-term is not going to recover sufficiently to support the existing company structure,” the airline added.
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